USAR Chart
About

USA Rare Earth, Inc. engages in mining, processing, and supplying rare earths and other critical minerals in the United States. It explores for neodymium, dysprosium, terbium, gallium, beryllium, lithium, and other critical minerals. The company holds interests in the Round Top Mountain located near Sierra Blanca, Texas. USA Rare Earth, Inc. was founded in 2019 and is based in Stillwater, Oklahoma.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Other Industrial Metals Market Cap 4.28B
Enterprise Value 2.34B Income -285.38M Sales
Book/sh -0.53 Cash/sh 1.94 Dividend Yield
Payout 0.00% Employees 30 IPO
P/E Forward P/E -63.41 PEG
P/S P/B -36.95 P/C
EV/EBITDA -60.03 EV/Sales Quick Ratio 16.43
Current Ratio 16.51 Debt/Eq LT Debt/Eq
EPS (ttm) -2.23 EPS next Y -0.31 EPS Growth
Revenue Growth Earnings 2026-03-30 ROA -12.41%
ROE -36.47% ROIC Gross Margin 0.00%
Oper. Margin 0.00% Profit Margin 0.00% Shs Outstand 217.94M
Shs Float 121.55M Short Float 15.08% Short Ratio 1.14
Short Interest 52W High 43.98 52W Low 5.56
Beta 1.08 Avg Volume 18.85M Volume 6.87M
Target Price $38.00 Recom Strong_buy Prev Close $19.49
Price $19.66 Change 0.85%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$38.00
Mean price target
2. Current target
$19.66
Latest analyst target
3. DCF / Fair value
$-1.85
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$19.66
Low
$33.00
High
$45.00
Mean
$38.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-01-30 main Cantor Fitzgerald Overweight → Overweight $35
2026-01-27 main Roth Capital Buy → Buy $35
2026-01-27 main Canaccord Genuity Buy → Buy $33
2025-11-07 main Canaccord Genuity Buy → Buy $23
2025-10-20 init William Blair — → Outperform
2025-09-30 main Canaccord Genuity Buy → Buy $22
2025-08-01 init Cantor Fitzgerald — → Overweight $16
2025-06-13 init Canaccord Genuity — → Buy $17
2025-05-29 init Roth Capital — → Buy $15
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 100000 2143860.0 Purchase at price 21.44 per share. BLITZER MICHAEL Chairman of the Board 2026-01-29 00:00:00 D
1 1300 29379.0 Purchase at price 22.60 per share. TRABUCO CAROLYN L. Director 2026-01-29 00:00:00 D
2 2091849 nan BLITZER MICHAEL Director and Beneficial Owner of more than 10% of a Class of Security 2025-08-13 00:00:00 I
3 2091849 32946622.0 Sale at price 15.75 per share. BLITZER MICHAEL Director and Beneficial Owner of more than 10% of a Class of Security 2025-08-13 00:00:00 I
4 163125 Stock Award(Grant) at price 0.00 per share. KERN PAUL J Director 2025-03-13 00:00:00 D
5 13671026 Stock Award(Grant) at price 0.00 per share. GUTNICK MORDECHAI ZEV Director and Beneficial Owner of more than 10% of a Class of Security 2025-03-13 00:00:00 I
6 15528008 Stock Award(Grant) at price 0.00 per share. SMITH TREADY Director and Beneficial Owner of more than 10% of a Class of Security 2025-03-13 00:00:00 I
7 66162 Stock Award(Grant) at price 0.00 per share. RIDGE STEPHEN JAMES Chief Operating Officer 2025-03-13 00:00:00 D
8 72870 Stock Award(Grant) at price 0.00 per share. KRONENFELD DAVID THOMAS Officer 2025-03-13 00:00:00 D
9 50000 nan INFLECTION POINT HOLDINGS II LLC Beneficial Owner of more than 10% of a Class of Security 2025-03-12 00:00:00 I
Financials
Line Item2024-12-312023-12-312022-12-31
TaxEffectOfUnusualItems2.62M0.000.00
TaxRateForCalcs0.210.000.00
NormalizedEBITDA-16.53M-24.44M-23.59M
TotalUnusualItems12.46M363.00K
TotalUnusualItemsExcludingGoodwill12.46M363.00K
NetIncomeFromContinuingOperationNetMinorityInterest7.90M-7.42M-23.84M
ReconciledDepreciation718.00K671.00K
ReconciledCostOfRevenue308.00K210.00K
EBITDA-4.08M-24.07M-23.59M
EBIT-4.08M-24.79M-24.26M
NetInterestIncome5.75K
InterestIncome5.75K
NormalizedIncome-1.94M-7.78M-23.84M
NetIncomeFromContinuingAndDiscontinuedOperation7.90M-7.42M-23.84M
TotalExpenses4.08M24.79M24.26M
TotalOperatingIncomeAsReported-4.08M-24.79M-24.26M
DilutedAverageShares81.95M59.42M59.42M
BasicAverageShares81.95M59.42M59.42M
DilutedEPS0.10-0.12-0.40
BasicEPS0.10-0.12-0.40
DilutedNIAvailtoComStockholders7.90M-7.42M-23.84M
NetIncomeCommonStockholders7.90M-7.42M-23.84M
NetIncome7.90M-7.42M-23.84M
MinorityInterests1.12M1.70M
NetIncomeIncludingNoncontrollingInterests7.90M-8.54M-25.54M
NetIncomeContinuousOperations7.90M-8.54M-25.54M
PretaxIncome7.90M-8.54M-25.54M
OtherIncomeExpense11.97M16.25M-1.28M
OtherNonOperatingIncomeExpenses-484.84K16.77M72.00K
EarningsFromEquityInterest-879.00K-1.35M
GainOnSaleOfSecurity12.46M363.00K
NetNonOperatingInterestIncomeExpense5.75K
InterestIncomeNonOperating5.75K
OperatingIncome-4.08M-24.79M-24.26M
OperatingExpense4.08M24.48M24.05M
OtherOperatingExpenses4.08M1.76M4.00M
DepreciationAmortizationDepletionIncomeStatement308.00K210.00K
DepreciationAndAmortizationInIncomeStatement308.00K210.00K
ResearchAndDevelopment1.64M271.00K
SellingGeneralAndAdministration21.09M19.78M
GeneralAndAdministrativeExpense21.09M19.78M
OtherGandA7.65M7.92M
InsuranceAndClaims1.05M829.00K
SalariesAndWages12.39M11.03M
GrossProfit-308.00K-210.00K
CostOfRevenue308.00K210.00K
TotalRevenue0.000.000.00
OperatingRevenue0.000.000.00
Line Item2024-12-312023-12-312022-12-31
OrdinarySharesNumber81.95M81.95M81.95M
ShareIssued81.95M81.95M81.95M
NetDebt1.20M
TotalDebt1.20M1.09M902.00K
TangibleBookValue625.00625.0027.48M
InvestedCapital1.20M625.0027.48M
WorkingCapital-3.88M189.67K16.58M
NetTangibleAssets24.08M258.97M0.00
CapitalLeaseObligations473.00K902.00K
CommonStockEquity625.00625.0027.48M
PreferredStockEquity24.08M258.97M68.61M
TotalCapitalization7.04M246.06M27.48M
TotalEquityGrossMinorityInterest7.04M246.06M32.05M
MinorityInterest3.33M4.57M
StockholdersEquity24.08M258.97M0.00
RetainedEarnings-17.03M-12.91M-44.63M
AdditionalPaidInCapital0.000.000.00
CapitalStock24.08M258.97M72.11M
CommonStock625.00625.003.50M
PreferredStock24.08M258.97M68.61M
TotalPartnershipCapital-17.03M-12.91M27.48M
GeneralPartnershipCapital0.000.00
LimitedPartnershipCapital93.38M72.11M
TotalLiabilitiesNetMinorityInterest17.09M13.41M34.81M
TotalNonCurrentLiabilitiesNetMinorityInterest13.15M13.10M24.07M
OtherNonCurrentLiabilities44.00K20.24M
DerivativeProductLiabilities49.27K0.000.00
TradeandOtherPayablesNonCurrent13.10M13.10M
NonCurrentDeferredLiabilities8.20M3.37M
NonCurrentDeferredRevenue8.20M3.37M
LongTermDebtAndCapitalLeaseObligation641.00K460.00K
LongTermCapitalLeaseObligation21.00K460.00K
LongTermDebt620.00K
CurrentLiabilities3.94M309.99K10.74M
CurrentDebtAndCapitalLeaseObligation1.20M452.00K442.00K
CurrentCapitalLeaseObligation452.00K442.00K
CurrentDebt1.20M
OtherCurrentBorrowings1.20M
PayablesAndAccruedExpenses2.74M309.99K10.29M
CurrentAccruedExpenses0.0075.00K7.91M
Payables2.74M234.99K2.38M
AccountsPayable2.74M234.99K2.38M
TotalAssets24.14M259.47M66.86M
TotalNonCurrentAssets24.08M258.97M39.53M
OtherNonCurrentAssets24.08M258.97M70.00K
InvestmentsAndAdvances40.00K945.00K
LongTermEquityInvestment40.00K945.00K
NetPPE43.58M38.52M
AccumulatedDepreciation-1.22M-661.00K
GrossPPE44.80M39.18M
Leases372.00K371.00K
ConstructionInProgress25.11M19.32M
OtherProperties989.00K1.35M
MachineryFurnitureEquipment107.00K107.00K
LandAndImprovements1.11M1.12M
CurrentAssets60.50K499.66K27.32M
PrepaidAssets58.40K223.99K349.00K
CashCashEquivalentsAndShortTermInvestments2.10K275.67K26.97M
CashAndCashEquivalents2.10K275.67K26.97M
CashFinancial2.10K275.67K
Line Item2024-12-312023-12-312022-12-31
FreeCashFlow-1.40M-27.88M-19.91M
RepurchaseOfCapitalStock-246.92M-191.00K0.00
RepaymentOfDebt0.00
IssuanceOfDebt1.20M1.00M0.00
IssuanceOfCapitalStock0.0013.30M0.00
CapitalExpenditure-5.96M-5.11M
EndCashPosition2.10K13.20M26.97M
BeginningCashPosition275.67K26.97M34.67M
ChangesInCash-273.56K-13.77M-7.70M
FinancingCashFlow-245.79M14.11M22.26M
CashFlowFromContinuingFinancingActivities-245.79M14.11M22.26M
NetOtherFinancingCharges-75.00K22.26M
ProceedsFromStockOptionExercised0.00
NetPreferredStockIssuance13.11M0.00
PreferredStockPayments-191.00K0.00
PreferredStockIssuance13.30M0.00
NetCommonStockIssuance-246.92M13.11M0.00
CommonStockPayments-246.92M-191.00K0.00
CommonStockIssuance0.0013.30M0.00
NetIssuancePaymentsOfDebt1.20M1.00M0.00
NetLongTermDebtIssuance1.20M1.00M0.00
LongTermDebtPayments0.00
LongTermDebtIssuance1.20M1.00M0.00
InvestingCashFlow246.92M-5.96M-15.15M
CashFlowFromContinuingInvestingActivities246.92M-5.96M-15.15M
NetOtherInvestingChanges246.92M
NetInvestmentPurchaseAndSale246.92M
SaleOfInvestment246.92M
PurchaseOfInvestment0.00
NetBusinessPurchaseAndSale0.00-10.04M
PurchaseOfBusiness0.00-10.04M
NetPPEPurchaseAndSale-5.96M-5.11M
PurchaseOfPPE-5.96M-5.11M
OperatingCashFlow-1.40M-21.93M-14.80M
CashFlowFromContinuingOperatingActivities-1.40M-21.93M-14.80M
ChangeInWorkingCapital2.67M411.00K5.49M
ChangeInOtherWorkingCapital4.83M3.37M
ChangeInOtherCurrentLiabilities-499.00K-455.00K
ChangeInOtherCurrentAssets146.00K-9.00K
ChangeInPayablesAndAccruedExpense2.51M-3.97M1.79M
ChangeInAccruedExpense-1.98M1.47M
ChangeInPayable-2.00M320.00K
ChangeInAccountPayable-2.00M320.00K
ChangeInPrepaidAssets165.60K-88.00K793.00K
OtherNonCashItems-16.77M
StockBasedCompensation1.37M3.23M
DepreciationAmortizationDepletion718.00K671.00K
DepreciationAndAmortization718.00K671.00K
Depreciation718.00K671.00K
OperatingGainsLosses-11.97M879.00K1.35M
EarningsLossesFromEquityInvestments879.00K1.35M
GainLossOnInvestmentSecurities-11.97M
NetIncomeFromContinuingOperations7.90M-8.54M-25.54M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for USAR
Date User Broker Pattern Type Position Size Entry Price Trade P&L Status